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$819,900
298 Montfort Street • Ottawa, ONNew
Courtesy of RIGHT AT HOME REALTY
6
Bedrooms
3
Bathrooms
1100-1500
Square feet
4
Parking

About this home

PRIME INVESTMENT OPPORTUNITY! Fully tenanted, income-producing triplex generating approximately $69,300 in gross annual rental income, with an estimated NOI of approximately $54,711, in a highly desirable central Ottawa location. This well-maintained property features three spacious 2-bedroom units, each offering the convenience of in-suite laundry and dedicated parking. A fourth parking space provides additional income potential. Designed for efficient ownership, the property includes three separate hydro meters, with Units 2 and 3 paying their own hydro costs. Recent improvements include new rear metal stairs (2025), a new rented furnace (2026), updated interior doors, modernized bathroom finishes, and LED lighting upgrades. The bright and functional units feature hardwood flooring, tiled kitchens and bathrooms, and abundant natural light from all four sides of the building. The desirable 3 x 2-bedroom configuration supports strong rental demand and broad tenant appeal. Ideally located just minutes from Montfort Hospital, downtown Ottawa, Highway 417, public transit, schools, shopping, restaurants, parks, and community amenities. Whether you are looking to expand your investment portfolio or acquire your first multi-unit property, this triplex offers immediate income and long-term growth potential in one of Ottawa's most convenient rental locations. Some interior photos were taken prior to current tenancy.

Property details

Property type
Triplex
Style
2-Storey
Approx. age (yrs)
51-99
Lot size
33 × 95 ft
Property taxes
$5,024 (2026)
Occupancy
TBD
Days on market
22
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Aug 31, 2026, 9:03 p.m. EDT via TRREB IDX.

First listed: Aug 11, 2026, 7:47 p.m. EDT.